PROGRAM OF WORKS SUBMITTED FOR BIG SKY DRILLING West Australian...

PROGRAM OF WORKS SUBMITTED FOR BIG SKY DRILLING West Australian gold explorer Lodestar Minerals Limited (ASX:LSR; Lodestar or the Company) advises that it has submitted a Program of Works (POW) to the Western Australian Department of Mines & Petroleum for the upcoming up RC drill program at the Big Sky prospect within its 100% owned Camel Hills project. The POW approval, expected in March, will enable a ~1,000 metre RC program of 15 – 20 holes targeting extensions to the existing high-grade gold lode where previous RC drilling returned a number of ore grade intercepts including 6m at 6.6g/t gold from 13m and 6m at 20.3g/t gold from 21m (see ASX release dated 20 October 2015). Drilling will centre on a 150m anomalous gold trend to the northeast and southwest of the high-grade lode, identified by a recently completed auger sampling program (see ASX release dated 2 February 2016). Lodestar has begun short-listing drilling contractors to conduct the program and expects to select the successful contractor in the coming weeks. The program will be begin immediately following the receipt of POW approval, subject to weather conditions at the Camel Hills project area. Bill Clayton Managing Director